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AI startups attracted 25% of Europe’s VC funding
Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving. According to VC firm
Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving. This counters what he sees as a “relatively negative narrative” around Europe: Collectively, European AI companies have doubled in value in just four years, reaching $508 billion. “In our CTO survey, 93% of the companies we work with have said that generative AI tools have significantly changed their workflow in the last year,” Wise said.
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